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, according to the republicans, unserious, it flabbergasted the speaker of the house, john boehner. though tim geithner went out yesterday and said, that plan that we're pushing? it's a good one. here he is. >> we think that's a very good set of proposals. we think that's what's good fort economy. if they've got different suggestions, they want to go further in some areas, they should lay it out to us. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. this offer doesn't remotely deal with entitlement reform in a we to save medicare and medicaid and social security from imminent bankruptcy. it raises $1.6 trillion on job creators that will destroy the economy and there are no spending controls. i'm serious about revenue. you can limit deductions to 40 or $50,000 a person, which takes care of the middle class, upper income americans will lose their deductions and raise about 800 billion dollars in revenue. but i'll only do that if we do entitlement reform and the president's plan, when it comes to entitlement reform is just quite frankly, a joke
of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zoraida, as you saw there from the president earlier in that bloomberg interview, he is digging in, saying there can't be a deal unless upper income americans pay more. middle-class americans should get the bush era tax cut extension. is he not backing down from that at all. the president saying in that interview that he's not being stubborn. he's not being partisan but rather that it's, quote, a matter of math. >> we've been talking now for a while that americans blame republicans if a deal doesn't go through. new polling shows amer
speaker john boehner calling the president's proposal essentially a waste of time. >> i was flabbergasted. >> we've the got seven weeks between election day and the end of the year, and three of those weeks have been wasted. >> steve centanni kicks off our college tonight from washington d.c. steve, where exactly do we stand tonight? >> well, harris, democrats are hoping republicans to raise taxes on the wealthy and the republicans are accusing the white house of wasting time. and saying that he didn't have a serious proposal when he reintroduced a plan to reduce 4 trillion dollars. >> the president asking for 1.6 trillion dollars worth of new revenue over ten years, twice as much as he's been asking for in public. his system spending in here that exceeded the amount of new cuts that he was willing to consider. it was not a serious offer. >> but so far it's the only white house offer on the table, a starting point for further negotiations, one would assume, harris? >> not to sound pessimistic, but it's a fact, even if he reached a deal tonight, it would tough to meet that deadline by the
. i looked at him and i said, you can't be serious. >> what shocked john boehner and are we getting any closer to an agreement? look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. reliability and ways to connect. because we know how much you do to make the holidays just right. from ornaments to ottomans, memories are made with ikea. >>> there's some thick fog, a little bit in the east bay and north bay. >>> new this morning, secretary of state, hillary clinton, warning that there is a redline for the united states if syria uses chemical weapons in thei
, it seems like both sides are moving further apart from the deal. here is house speaker john boehner and treasury secretary timothy geithner. >> we are flabbergasted. we have seven weeks between election day in the end of the year. three of those weeks have been wasted. >> we are not going to extend an extension of the tax rates. we think they need to go back to those levels. if you don't do that, you have to ask yourself, whose taxes are we going to raise? were we going to find the money bring a balanced plan in place? jenna: senator lindsey graham, a republican known for reaching across the aisle, not looking at this with a great deal of optimism. >> i think we're going over the fiscal cliff. it's pretty clear that they have made this happen. they are not saving social security and medicare and medicaid from imminent bankruptcy. jenna: james is live in washington with more. reporter: yes, what is clear is increasingly, the two sides -- the obama, white house, senate democrats on one side, senate republicans on the other, there is a ticking clock involved here. they should be hittin
increase. in response to that, house speaker john boehner said he was flabbergasted by the white house's offer. he said it was not serious and republicans are calling on the white house to put more details on the table. >> you know, americans want compromise. any time we take a poll, that's what we find, they want compromise. what's the deal? republicans are backed to a corner? they will be forced to raise taxes or else we go over that fiscal cliff? >> they are a bit backed into a corner. when you look at the lay of the land, the white house and democrats are confidence they have leverage that's because they have some here. yes, they are backed up into a corner a bit because tax rates, at least on some americans, are going to be increasing at the end of the year, no matter what. >> right. >> as you know, it's set to expire, those bush era tax rates are set to expire at the end of the year for all americans. you know, at this point the white house and democrats feel like they have enough leverage to dig in and say they have to stay in place for the middle class or really for the first $
class. john boehner said the white house isn't listening to republicans who demanding cuts. >>> an entire town in louisiana has been evacuated and police have launched a criminal investigation after finding 6 million pounds of explosives stored improperly at the munitions factory you that see here. authorities are now carefully working to move the explosive powder into safe bunkers. >>> public school students in five states will soon be spending more time in class. a lot more. a pilot program is being announced today in the states highlighted on your screens. 20,000 students in those collse schools will spend an extra 3 0 3050 -- 300 hours in class every term, in hopes of making them more competitive with the foreign students. >>> and new concerns this morning about the new "hobbit" film due out this month. in fact, people with the early screening said the film made them stick, literally, the high-speed 3d film actually made them feel queasy as if riding a roller coaster. here's diane sawyer with a preview of tonight's "world news." >> good morning. i know you know a littl
. >> and speaker of the house john boehner sent a nice little hallmark card, a letter to the president. i want to read you an excerpt. he set the american people rightly expect both parties to come together on a fair middle ground and address the nation's most pressing challenges. the proposal calls for $1.6 trillion in new tax revenue, twice the amount you supported during the campaign. we cannot in good conscience agree to this approach, and sent over this doozy of a letter, which is neither balanced or realist realistic. >> center the letter with signatures to the president you. hope this wasn't preorchestrated. to drum up support for their bases. >> there are some who are cynical, and saying all this is choreographed. they know what the final deal is going to be. every side has to take the steps to appear they're fighting and appease their base. we'll see. 11 days to the first sort of deadline in this, so stay tuned, folks. >> we will. >>> and now to the increasingly dangerous situation in syria. new intelligence reports show that syria's government may be preparing chemical and biological
to avoid the fiscal cliff. but republican house speaker john boehner dismisses it as, and i'm quoting, la la land. the republicans offered their proposal, that happened about 24 hours ago. the white house quickly labels it as nothing new. business as usual, right? so how do we move beyond this stalemate in washington? we heard from the president, just a short time ago. our chief white house correspondent jessica yellin joins me now, jessica, the president spoke out, sat down in an interview with bloomberg tv, and in listening to the interview, did you hear any clues toward a possible compromise here? >> reporter: not new clues, brooke. the president laid down the marker that we heard from the white house consistently, which is they aren't moving until they hear the republicans agree to raise tax rates on the wealthiest. listen to what the president had to say. >> i think that, you know, we have the potential of getting a deal done, but it is going to require what i talked about during the campaign, which is a balanced responsible approach to deficit reduction that can help give businesses
Search Results 0 to 8 of about 9